Bad banking practice

Jan 25 2007

This seems to be unacceptable customer service, and you would be within your rights to complain to the Bank’s Head Office.  

Business banking is now quite competitive, so it is best to contact a number of Banks to get their response to your request to open an account. Before you approach the Banks, you need to make sure that your business plan is going to convince people to invest in you and your business.

Alternatively, you could consider the Access to Finance programme, which is designed to assist London based businesses to raise finance to start up and develop their business. It’s heavily subsidised, which, if you qualified for the programme could pay towards providing consultancy support to produce a business or investment plan.

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